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The case for predictive AI

CIO Business Intelligence

According to Forrester , GenAI will have an average annual growth rate of 36% up to 2030, capturing 55% of the AI software market. Yes, GenAI and Predictive AI are both forms of artificial intelligence, but they have fundamental key differences that businesses must consider. Artificial Intelligence, Machine Learning

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Consulting, software boost IBM revenue as it turns to AI

CIO Business Intelligence

Strong performances in software and consulting helped IBM’s profit and revenue increase in the first quarter, even as a post-pandemic slowdown hit much of the technology industry. IBM’s software and consulting revenue both rose 3% year over year. 4%, to $14.3

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Microsoft’s carbon footprint keeps growing as AI drives data center expansions

GeekWire

But four years in, the carbon footprint for the cloud, software and gaming giant keeps expanding. We believe there’s incredible innovations, both happening today as well as what we are investing for, that will be online by 2030.” “And we remain steadfast in our commitment to getting there.

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JLR revs up AI and intelligent automation initiatives

CIO Business Intelligence

Anthony Battle is leaning heavily on AI and IA — artificial intelligence and intelligent automation — to deliver digital transformation at luxury auto maker Jaguar Land Rover. There are plenty of software vendors willing to help with that — perhaps too many.

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Robotics data startup led by former Amazon drone engineers emerges from stealth, raises $4.8M

GeekWire

million seed round and revealing its AI-powered software built to help robotics developers save time. Roboto went through the incubator program at Seattle’s Allen Institute of Artificial Intelligence (AI2), where Barash spent a year as an entrepreneur-in-residence after more than six years at Amazon.

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Digital Twin Use Races Ahead at McLaren Group

CIO Business Intelligence

billion by 2030. and artificial intelligence (AI) and machine learning (ML) technologies. . To create a productive, cost-effective analytics strategy that gets results, you need high performance hardware that’s optimized to work with the software you use. A Competitive Differentiator. Just starting out with analytics?

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Making AI accessible leads to greater innovation

CIO Business Intelligence

trillion by 2030, and by singularly responsible for a 26 per cent boost in the GDP of local economies. Artificial Intelligence It’s difficult to visualise the true scale of AI, as it’s almost certainly more than you imagine – it’s going to contribute more to the global economy than the current GDP of India and China combined.